La Bodega Pismo Beach asking $775k with expansion opportunities possible partnerships
Voted Central Coasts 'Best of' restaurants, 2019,2020,2022, 2023
Pismo beach tourism Average visitors 8 million/yr
6th year running/ growing and profitable after year 1.
My name is Bradford and i am currently the manager of La Bodega. I'm pursuing the opportunity to aquire a well established restaurant in the heart of Pismo Beach. My owners have fallen sick and I've been running/managing the company for over 1.5 years. Huge opportunity to expand the company as well for future opportunities with investor. Options available. Quick sale as there are lots of offers on the table. LIQOUR LICENSE ALONE WORTH 425K. Lease has 5 years remaining and 5 year option for tenant.
LA BODEGA IS SELF FUNDED by our owners, this was a 20 year passion project / retirement that the owner had planned but the husband health is declining and they have offered me first to buyout, for me to be the one to carry on the very special establishment and aquire all assests. We are committed to and will only grow upon our community and relations with our vendors. We use Sisco for only paper products everything is locally sourced in one of the biggest tourism hubs in the state here in the central coast Pismo beach where la bodega stands tall in the heart of.
We are not even driven on tourism we are busy all year round. Our locals and regulars range throughout California but our little beach town is what many consider home whether it's their weekend home or permanent residence, they love la bodega, and have been coming in for dinner every week, month, and even every year.
The systems are in place, owner will stay on to train for however much time is needed, but she needs sell as their are offers, and the declining health concerns are priority.
I humbly thank you for your time for viewing and consideration of acquisition of La Bodega of Pismo Beach.
Please feel free to contact me directly
Statements available to view, broker and accountant as well for questions.
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